Madison Market Report
$240,864
AVERAGE PRICE OF 122 HOMES$1,200,000
AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES$278,260
AVERAGE PRICE OF 12 NEWLY BUILT HOMES$238,960
AVERAGE PRICE OF 5 REDUCED PRICE HOMESAverage Home
| Average Price | $240,864 |
| Avg Bedrooms | 2.94 beds |
| Avg Bathrooms | 1.86 baths |
Average Price by Bedrooms
| 1 bedroom | $91,633 |
| 2 bedrooms | $159,165 |
| 3 bedrooms | $232,831 |
| 4 bedrooms | $403,132 |
| 5 bedrooms | $314,979 |
Madison Home Price Trends
| 12/2018 | 11/2018 | 10/2018 | 9/2018 | 8/2018 | |
|---|---|---|---|---|---|
| Total Listings | 136 | 148 | 148 | 145 | 133 |
| Average Price | $246,294 | $250,974 | $253,706 | $248,602 | $249,292 |
| Avg Price Change | -1.90% | -1.09% | +2.05% | -0.28% | +1.26% |
| Median Price | $232,564 | $232,746 | $230,178 | $226,029 | $220,365 |
| Med Price Change | -0.08% | +1.12% | +1.84% | +2.57% | +0.65% |
| Avg Bedrooms | 2.73 beds | 2.73 beds | 2.72 beds | 2.78 beds | 2.9 beds |
| Avg Bathrooms | 1.82 baths | 1.76 baths | 1.79 baths | 1.78 baths | 1.79 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Hunters Lane Comp High School | 105 | $227,553 | 58 days |
| Madison School | 1 | $221,000 | 13 days |
| Maplewood Comp High School | 15 | $326,420 | 89 days |
| Stratford Comp High School | 1 | $375,000 | 24 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 122 | $240,864 | 61 days |
| Multi-Million Dollar Homes | 1 | $1,200,000 | 197 days |
| Newly Built Homes | 12 | $278,260 | 105 days |
| Reduced Price Homes | 5 | $238,960 | 33 days |
